Luckily bursa allow extension. If not then co gets delisted like HL Cap or TT can launch another takeover at dirt cheap price. Failing which TT can of course pare down his stake and create another sell off which may push the price doen to 10sen. Kakakaka. Nice of Bursa to allow extension
Minorities have put in their investments. Capitals are occupied. Hope that in the end, the minorities will get reasonable Returns on Investments (ROI).
This Q look like just a fair value lost....YTY still earn 2.82 cents, liabilities have been significantly improved, so 1 cent dividend should be no a problem. Why share price still drop?? hehehe......
In 1 qtr management wipe off the entire profit after tax of RM231.5M from the Aus disposal. What a bunch of idiots. Should have appointed my dog as a director/ceo. Would have perform better than their current directors.
@jellyfish. You think TT lets his son runs the entire operations of TAGB?? I have no idea what his son's specialty is but TT definitely stock market gambler. TAGB is listed under the property sector. Last year the TAGB total transactions in securities investment is RM3.6B. You think if son the real CEO, he spend so much time and effort dealing in securities?? Once a crook always a crook.
tiah's junior was appointed as COO of TAGB but looks like he is just another puppet and draw high salary from the company,. any parents will love to groom their children to take over their company and be respected by shareholders but sadly after 2 years he had nothing to prove but just the Vancouver's project.
The CFO of TAGB quit in Nov 2018. He was 52 yrs old. To quit at that age at a large corporation made me cautious. So I sold down my shares by 50% and sold all my TA as it was trapped at a ceiling price of 66 sens. As my cost is 29 sen, I wonder if I should sell all remaining shares and close this chapter. Difficult choice to make. Quite fed up with this counter.
jellyfish666 Ha! Ha! By Malaysian standards, TAGB and TA ent are considered one of the more recognizable stocks by size. I personally feel father and son are very capable, but the family is currently and also for a very long time (many years) been increasing their shareholdings in these two stocks. It would not in my opinion benefit them to see the share price go up. We on the other hand the small investors are holding on to the believe that since this two counters are so deeply undervalued that they will skyrocket some day in the future. Some of us have been holding and waiting for many years. Will that day come soon enough? Can keep on guessing, I guess.
O.K. I don't usually offer stock tips, as it is actually quite a gamble when we pick or select stocks. But I currently feel strongly for IWCITY. May want to do some research on this counter and decide for yourselves. I took a position a few weeks back. So far it seems to be doing good. I just get this feeling, it may go ballistic soon.
@singh1, that was a sharp observation on the CFO resignation. looks like very likely connected to the just released 4Q result. @jellyfish666., thanks for your view. sharp and informative.
@jellyfish666, my understanding is a CEO should be the one running the company but it doesn't look like that way in TAGB. he just had the title but his jobs to me is more like a division head
If someone could ask them why they have off shore a/c's would be great. All those tax free haven accounts, how do we small kuchi investors know what in the name of heaven is in them??? What are those investments and at what value??? Making gains or losses???
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
villa1668
1,236 posts
Posted by villa1668 > 2018-12-15 17:20 | Report Abuse
I am not interested if you give me free 1 year trails...